Deal Details

Loftware Receives Equity Investment From AKKR

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Summary

About

Loftware is the world's largest cloud-based Enterprise Labeling and Artwork Management provider, offering an end-to-end labeling solution platform for companies of all sizes. Loftware boasts over 35 years of expertise in solving labeling challenges, helping companies improve their accuracy, traceability, and compliance while improving the quality, speed, and efficiency of their labeling. Loftware enables supply chain agility, supports evolving regulations, and optimizes business operations across the globe in a wide range of end markets including the automotive, chemicals, consumer products, electronics, food & beverage, manufacturing, medical device, pharmaceuticals, retail, and apparel sectors. Loftware is headquartered in Portsmouth, New Hampshire.

Riverside is a middle market private equity firm with total capital commitments of $1.6 billion raised since inception. Riverside focuses on growth-oriented companies in the technology and healthcare industries. Riverside partners with founders, owners and management teams, and brings its substantial domain expertise and operating experience to its portfolio companies. Riverside is headquartered in Boston, Massachusetts.

AKKR is a technology-focused investment firm with $18 billion in cumulative capital commitments. AKKR focuses on software and tech-enabled businesses well-positioned for top-line and bottom-line growth. At the core of AKKR's investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by leveraging the significant resources available through the AKKR network. AKKR is headquartered in Menlo Park, California.

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